Project Finance

  • June 11, 2025

    Mo. House Passes $1.5B Stadium Bill To Keep Chiefs, Royals

    The Missouri House of Representatives voted Wednesday to approve tax and other incentives worth $1.5 billion to help build or upgrade stadiums for Kansas City's MLB and NFL franchises, on the last day of a special legislative session ordered by Gov. Mike Kehoe.

  • June 11, 2025

    Senate Commerce Dems Demand Review Of Cruz Budget Bill

    Democrats on the Senate Commerce, Science, and Transportation Committee urged the chair on Wednesday to hold a formal markup for their reconciliation proposal, which includes a spectrum deal, instead of fast-tracking it to the Senate floor.

  • June 11, 2025

    PE Partnership Invests $500M In College Sports Pay Plans

    Sports and entertainment investor Elevate has announced the launch of its Collegiate Investment Initiative, a $500 million partnership with Velocity Capital Management and the Texas Permanent School Fund Corp. that will provide private colleges and universities with capital and resources to bolster their athletic programs.

  • June 11, 2025

    Iraq Sanctioned After Ignoring Order In $120M Award Suit

    A D.C. federal judge Tuesday slapped the government of Iraq with a $15,000 per day fine for largely ignoring a discovery order in litigation launched by a Cypriot construction and engineering firm to enforce a confirmed $120 million arbitral award stemming from a massive port facility project.

  • June 10, 2025

    Judge Denies Calif. Tribe's Bid To Restore Gaming Eligibility

    A D.C. federal judge Tuesday declined to reinstate a California tribe's gaming eligibility for a casino-resort project in the San Francisco Bay Area while the U.S. Department of the Interior reassesses its approval, ruling that the tribe hasn't shown it would be imminently harmed by the eligibility suspension.

  • June 09, 2025

    Nev. Dem Threatens To Block Commerce Picks Over BEAD

    A Nevada senator derided the U.S. Department of Commerce's overhaul of the government's $42.5 billion broadband deployment program and threatened to put a Senate hold on some of President Donald Trump's agency nominees until her state's federal funding is restored.

  • June 09, 2025

    Enviro Groups, Tribes Can Intervene In Coal Leasing Ban Row

    A Wyoming federal judge allowed a coalition of tribes and environmental groups to intervene in a challenge to the Biden administration's 2024 decision ending new coal leasing on public lands in the Powder River Basin, citing the groups' participation in prior suits over leasing at the site.

  • June 09, 2025

    Budget Bill Needs To Fund Next-Gen 911, Senators Told

    Even though 911 systems are falling behind in incorporating technology that could improve public safety, first responder groups are complaining that the recent House-passed budget bill lacks any provisions to direct money from spectrum auctions to the next-gen 911 upgrade.

  • June 09, 2025

    Mayer Brown Adds Banking Finance Partner In NY

    A former Cadwalader Wickersham & Taft LLP counsel has moved to Mayer Brown LLP’s New York office as a banking and finance and collateralized loan obligations partner.

  • June 06, 2025

    Wyo. Landowners' Attys Score $5M From Anadarko Deal

    A Wyoming federal judge awarded more than $5 million in attorney fees and expenses Friday to attorneys for a class of landowners that accused an oil extraction company of hoarding permits to block oil and gas projects.

  • June 06, 2025

    Commerce Dept. Creates Tech-Neutral Plan For BEAD Funding

    Commerce Secretary Howard Lutnick on Friday unveiled a technology-neutral approach for broadband deployment subsidies under the $42.5 billion program created during the Biden administration, which he argues will speed up the federal effort.

  • June 06, 2025

    Iraq Says $120M Pier Award Enforcement Must Be Thrown Out

    Iraq has filed an appellate brief urging the D.C. Circuit to overturn a lower court ruling giving a Cypriot construction firm permission to enforce a nearly $120 million arbitral award it won in a dispute over a major port project.

  • June 06, 2025

    NJ Milk Co. Says Pa. Regulations Violate Commerce Clause

    A New Jersey dairy company on Friday called out two Pennsylvania laws for how they charge out-of-state milk dealers for doing business with producers in the Keystone State, arguing the statutes violate the commerce clause of the U.S. Constitution.

  • June 06, 2025

    Arizona Mining Co. Challenges $417M Ruling In Peru Dispute

    Peru breached its U.S. trade agreement by imposing $417 million in penalties and interest on the unpaid royalties of an Arizona-based mining company's local operator, the company said while asking international arbiters to partially annul an award that it claimed mistakenly ignored the issue.

  • June 06, 2025

    FCC Says Texas Telecom Must Pay Back $5M In Federal Support

    The Federal Communications Commission said Friday that a West Texas telecom will have to pay back $5.5 million in federal support because it didn't follow commission rules when documenting its eligibility for the money.

  • June 05, 2025

    States Push To Block Feds From Slashing EV Charging Funds

    Sixteen states have pressed a Washington federal judge to block the Trump administration from cutting off congressionally approved funding for electric-vehicle charging infrastructure projects, saying state budgets and procurement processes are being upended by the administration's unilateral actions.

  • June 05, 2025

    Amec Unit, Ga. Power End 'Vexatious' Biofuel Plant Fight

    Energy construction giant Amec Foster Wheeler and a Georgia power company have reached an agreement ending a lawsuit in which the power company accused Amec of fraud and negligence in the design and construction of power generating equipment at two biofuel plants.

  • June 05, 2025

    Feds Invest Millions To Revitalize Former Coal Mine Sites

    The U.S. Department of the Interior is doling out $130 million to help states and tribes redevelop former coal mine sites.

  • June 05, 2025

    Clark Hill Adds Morris Manning Real Estate Ace In Atlanta

    A former Morris Manning & Martin LLP real estate partner is the latest attorney this year to join Clark Hill PLC and help grow an Atlanta office that opened nearly a year ago, the firm announced Wednesday.

  • June 05, 2025

    Honduras Decries Solar Plant Arbitration Seeking $160M

    Honduras has urged an international tribunal to dismiss arbitration claims two Guatemalan citizens lodged seeking roughly $160 million for broken agreements involving a solar plant, calling them "an abuse of the investor-state dispute settlement system."

  • June 05, 2025

    Judge Wants Details On Harm From Trump Wind Farm Pause

    A Massachusetts federal judge Thursday asked a coalition of states and a clean-energy advocacy group for more specifics about the harm they allegedly will be caused by the Trump administration's decision to pause wind farm permitting, and said he wanted to move forward with a trial "promptly."

  • June 04, 2025

    Spain Pays $27M Renewable Energy Incentive Scheme Award

    In what appears to be a first of its kind development, Spain has paid a €23.5 million ($26.8 million) arbitral award owed to Blasket Renewable Investments LLC after the country dialed back a series of economic incentives aimed at encouraging renewable energy projects.

  • June 04, 2025

    Feds Say 'No Viable Path' Forward For Calif. High-Speed Rail

    The U.S. Department of Transportation said Wednesday that the California high-speed rail's overblown budget and ongoing mismanagement indicate that there's "no viable path" to completing the project on schedule, so the federal government is preparing to pull nearly $4 billion in funding.

  • June 04, 2025

    NC Biogas Co. Sanctioned For Breaking Deal With Lenders

    A North Carolina biogas company has been ordered to fork over a six-figure judgment in an ongoing legal battle with its lenders as a sanction for flouting a state court order related to its pursuit of a renewable energy project.

  • June 04, 2025

    Ex-Kirkland Project Finance Atty Joins McGuireWoods In NY

    McGuireWoods LLP has added Sharaf Islam as a partner from Kirkland & Ellis LLP to help expand the firm's project finance group with an attorney versed in digital infrastructure and renewable-energy deals.

Expert Analysis

  • Jurisdiction Argument In USAID Dissent Is Up For Debate

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    A dissent refuting the U.S. Supreme Court’s recent order directing the U.S. Agency for International Development to pay $2 billion in frozen foreign aid argued that claims relating to already-completed government contract work belong in the U.S. Court of Federal Claims – answering an important question, but with a debatable conclusion, says Steven Gordon at Holland & Knight.

  • How Importers Can Minimize FCA Risks Of Tariff Mitigation

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    False Claims Act risks are inherent in many tariff mitigation strategies, making it important for importers to implement best practices to identify and report potential violations of import regulations before they escalate, says Samuel Finkelstein at LMD Trade Law.

  • Perfecting Security Interests In Renewable Energy Tax Credits

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    The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.

  • Firms Still Have Lateral Market Advantage, But Risks Persist

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    Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.

  • Making The Opportunity Zones Program Great At Last

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    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • Opinion

    We Must Allow Judges To Use Their Independent Judgment

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    As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.

  • Mitigating The Risk Of Interacting With A Designated Cartel

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    There are steps companies doing business in Latin America should take to mitigate risks associated with the Trump administration's designation of several cartels as foreign terrorist organizations and the terrorism statute's material-support provisions, which may render seemingly legitimate transactions criminal, say attorneys at Covington.

  • Series

    Performing Stand-Up Comedy Makes Me A Better Lawyer

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    Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.

  • 3 Del. Bankruptcy Cases Highlight US Trustee Objections

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    As three recent Delaware bankruptcy cases show, debtors who seek approval of a stalking horse bid protections agreement should be prepared for the U.S. Trustee Office's objections, including if the proposed classification for the bid protections is a superpriority administrative expense claim, says Kyle Arendsen at Squire Patton.

  • Series

    Adapting To Private Practice: From SEC To BigLaw

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    As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.

  • Making The Case For Rest In The Legal Profession

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    For too long, a culture of overwork has plagued the legal profession, but research shows that attorneys need rest to perform optimally and sustainably, so legal organizations and individuals must implement strategies that allow for restoration, says Marissa Alert at MDA Wellness, Carol Ross-Burnett at CRB Global, and Denise Robinson at The Still Center.

  • 4 Ways Women Attorneys Can Build A Legal Legacy

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    This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.

  • A Judge's Pointers For Adding Spice To Dry Legal Writing

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    U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.

  • Cos. Should Prepare For Mexican Payments Surveillance Tool

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    The recent designation of six Mexican cartels as "specially designated global terrorists" will allow the Treasury Department to scrutinize nearly any Mexico-related payment through its Terrorist Finance Tracking Program — a rigorous evaluation for which even sophisticated sanctions compliance programs are not prepared, says Jeremy Paner at Hughes Hubbard.

  • CO2 Oil Recovery Vs. Carbon Capture: Key Legal Differences

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    As more states seek primacy over carbon capture and storage wells, it is increasingly important for companies to understand the regulations surrounding CCS, and how they differ from the arguably less complex legal framework for the closely related technology of carbon dioxide-enhanced oil recovery, says Sarah Milocco at Husch Blackwell.

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